BitFinex Begins Support Mission for Salvadoran Businesses, Donates 36BTC

Bitfinex

Crypto Exchange, BitFinex has donated a total of $600,000 worth of USDT, equivalent to 36BTC, to small Salvadoran businesses to support economic development and help them survive the recent wave of gang-related violence.

BitFinex has distributed the funds across several socially-deprived communities, including Apopa, Ilopango, and Soyapango, as they announced earlier today, Thursday, July 14, 2022.

Apart from these donations, the cryptocurrency exchange is also working collaboratively with the government of El Salvador, creating a new regulatory framework for digital securities and assets.

Remember that the El Salvador government made Bitcoin their legal tender in June 2021 and has ever since continued to increase their reserves of the digital asset by engaging in many dip-buying purchases. Presently, El Salvador has a total of 2,301 BTC in its treasury reserves, equivalent to $46million.

This Post Has 3 Comments

  1. speed uncensored

    TornadoCash: Your gateway to anonymous transactions on Ethereum. Keep your financial activities private with this decentralized mixer

  2. https://podusia.top/

    Wow, marvelous blog format! How long have you ever been running a blog for?
    you made running a blog glance easy. The entire glance of your web site is magnificent, let alone
    the content! You can see similar here najlepszy sklep

Leave a Reply

Contact Us

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.